Announced
Financials
Tags
oil and gas assets
Pending
Acquisition
Single Bidder
Domestic
Integrated Oil and Gas
Canada
Majority
Private
Friendly
Synopsis
Crescent Point, an oil and gas company, agreed to acquire Kaybob Duvernay assets from Paramount Resources, a Canadian petroleum company. Financial terms were not disclosed. "We continue to generate strong full cycle returns from our Kaybob Duvernay assets, which are top quartile within our overall portfolio," Craig Bryksa, Crescent Point President and CEO.
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